Yahoo’s Ross Levinsohn says traditional media is lacking in innovation because its leaders are “fearful, not fearless,” and that the true innovation and disruption will come from those who figure out how to merge Silicon Valley’s culture of disruption with Hollywood’s knack for beautiful programming.
“In the traditional media, there aren’t disruptors anymore,” said Levinsohn, EVP of Yahoo!’s Americas region, on a panel Loyola Marymount University’s School of Film and Television. Levinsohn said too many media leaders are “fearful, not fearless. Who’s taking those chances? Google, Apple. Silicon Valley is fearless when it comes to disrupting. Hollywood is fearless when it comes to creating beautiful programming… Those who figure out both will be successful.”